SteelOrbis has been informed by market sources that local producers’ price levels in the Turkish domestic market for 6-7 mm mesh quality wire rod are as follows:
Region |
Price ($/mt) |
Price change ($/mt) |
|
10.10.2017 |
|||
Marmara |
555-560 |
0 |
|
Thrace |
540-545 |
0 |
|
Izmir |
545-550 |
0 |
|
Iskenderun |
550-560 |
0 |
The above prices, which are on actual weight basis, exclude VAT and are on ex-works basis. The offers may differ depending on buyers and order sizes.
Local Turkish wire rod prices have remained unchanged over the past week despite the softening in import scrap prices as a result of the transactions concluded last weekend. Demand for Turkish wire rod from European buyers picked up, while Turkish domestic wire rod purchases accelerated compared to last week. Therefore, local Turkish wire rod prices maintained stable trend amid the slight increases in Chinese long steel products export prices since last weekend.